The firm currently manages over $1 billion in dedicated capital for India across three venture capital funds and a growth equity fund. Speaking on the launch of the new fund, Sumir Chadha, managing director, Sequoia Capital India, said, “We are pleased to announce the closing of Sequoia Capital India III, which we capped at $300 million - our third venture capital fund for India. We look forward to continuing the partnership with high-quality entrepreneurs to build large, valuable companies.” “Sequoia Capital India is pleased with the partnerships built with management teams, in which we have invested over the past seven years,” said K P Balaraj, MD, Sequoia Capital India."
1 comment:
Have you ever experienced a cell phone running out of power just at the critical time when you need it? Would you not love a cell phone that runs 6 months straight without needing recharge? Or a laptop computer that works a month at a time?
You will LOVE it! The technology is finally here! They spent billions of dollars on this thing for years and it's finally ready for mass marketing later this year. It's called DMFC, Direct Methane Fuel Cell.
Fuel cells, like DMFC, MUST utilize precious metals palladium and platinum. Supply of PGM is very limited. The whole world produces only 7 million ounces of palladium per year, and consumes more even without fuel cell. There will be a huge shortage, driving the price of PGM metals, especially palladium, to the stratosphere!!!!
That brings a huge opportunity buying the SWC stock, near 52 week low now. SWC is the one of the only few PGM metal producers in the world, the ONLY one in the USA. The stock is cheap because it has NOT been making money yet. But with huge demand of PGM kicking in as DMFC goes to mass market soon, you bet you can make money in SWC beyond your wildest dream!!!
SWC has a price/sales ratio as low as 1.2. What kind of P/E will it have if PGM metal price just increase 4 or 5 times? Click on my name to read more on my blog.
Post a Comment